Showing 1 - 10 of 22
We constructed a model to analyze the interactions between land-use change and atmospheric CO2 during the recent past and for the future. The primary impact of the conversion of forested lands to cultivated lands is to increase atmospheric CO2, via losses of biomass and soil carbon to the...
Persistent link: https://www.econbiz.de/10008792959
This article investigates the use of expert-based Marginal Abatement Cost Curves (MACC) to design abatement strategies. It shows that introducing inertia, in the form of the"cost in time"of available options, changes significantly the message from MACCs. With an abatement objective in cumulative...
Persistent link: https://www.econbiz.de/10009325699
Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a simple intertemporal optimization model, we...
Persistent link: https://www.econbiz.de/10010721446
Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a simple intertemporal optimization model, we...
Persistent link: https://www.econbiz.de/10010726420
Climate change mitigation requires to replace preexisting carbon-intensive capital with different types of cleaner capital. Coal power and inefficient thermal engines may be phased out by gas power and efficient thermal engines or by renewable power and electric vehicles. We derive the optimal...
Persistent link: https://www.econbiz.de/10010739038
We present a spatial international trade model, GEO, which computes transportation costs bynot treating markets as dimensionless points and explicitly represents capacity shortages andinvestment decisions in new production capacities. We link it to CEMSIM, a partialequilibrium model of the world...
Persistent link: https://www.econbiz.de/10008794192
This paper investigates the optimal timing of greenhouse gas abatement efforts in a multi-sectoral model with economic inertia, each sector having a limited abatement potential. It defines economic inertia as the conjunction of technical inertia --- a social planner chooses investment on...
Persistent link: https://www.econbiz.de/10010567980
This paper studies the optimal transition from existing coal power plants to gas and renewable power under a carbon budget. It solves a model of polluting, exhaustible resources with capacity constraints and adjustment costs (to build coal, gas, and renewable power plants). It finds that optimal...
Persistent link: https://www.econbiz.de/10010890090
Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a simple intertemporal optimization model, we...
Persistent link: https://www.econbiz.de/10010821062
Deforestation is a phenomenon that has largely been concentrated in the developing world. We construct a theoretical … model of deforestation that focuses on the factors affecting the incentives to transform forested land into agricultural … land. We show that: (i) lower discount rates and stronger institutions decrease deforestation; (ii) depreciations in the …
Persistent link: https://www.econbiz.de/10008855840